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Cotton Procurement Operation
Apparel and Textile News Ministry of Textiles News

Loss Of Rs2.5k-Cr On Cotton Procurement Operation

The state-run Cotton Corporation of India (CCI) procures the fibre from farmers at minimum support prices (MSPs) to prevent distress sales by farmers and sells the stocks later in the market. Any loss incurred out of the procurement operation is reimbursed by the government. In the current marketing year through September, the government will likely […]

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